New evidence of collapse of Afghanistan economy has been found

Taliban (the organization is recognized as terrorist and prohibited in Russia) announced that a little-known official Mohammad Idris was appointed acting manager of the Central Bank. At this time, the country’s economy is experiencing a serious crisis – ATMs end in cash, and prices for essential goods grow rapidly. Reports about it Bloomberg.

Mohammad Idris had previously headed the economic commission of the movement. The official representative of Taliban Zabihulla Mujahmed wrote in twitter , that an official “will be engaged in impending problems banking and people’s problems “as the head of the bank da Afghanistan. On Idris is known little and data on its education and professional qualifications in the field of monetary, currency and banking policies are not available.

The activities of the Economic Commission “Taliban” last 20 years related to the shadow sector of the economy. The UN Security Council said that the organization was engaged in collecting illegal taxes from enterprises and farmers to finance a terrorist group.

Banks closed shortly after the militants took Kabul under their control, and since then in ATMs constantly ends in cash. In mid-August, the Afghan currency rate fell to a record low. According to Zabikhulla Mujahed, now the Taliban is negotiating with banks, motivating them to get started in the near future. The militants patrol the entire Kabul to ensure security, including from the robbers.

English Language Teacher Mustafa Hakbin, living in the capital, reported that even the offices of Western Union were closed in the city. “Food prices have never been so high. We are choking,” he told.

Speaker of the Ministry of Finance of Afghanistan Mohammad Rafi Taba said that banks will open within a few days. The Minister of the Office left the country before capturing Kabul on August 15, nevertheless the ministry has already returned to work, and all his staff will remain in the same positions as the Taliban coming to power, Rafie said.

essential products, such as flour and oil, in Kabul rose 35 percent. The streets of the capital are empty, as the majority of banks and pharmacies are closed. At this time, at the international airport of Kabul, thousands of people expect the US and other countries to evacuate them.

The former head of the Central Bank of Afghanistan Ajmal Ahmadi, who fled from the country, believes that under the leadership of Taliban, the economy will face a series of shocks that will lead to a weakening of currency, accelerate inflation and capital control.

Soon after the state coup in Afghanistan, the United States frozen the reserves of the country’s central bank in the accounts of American banks, depriving the Taliban access to these funds. In addition, the United States has stopped supplying dollars to the territory of Afghanistan.

/Media reports.